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JLS

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JLS

Re: RCKS post# 5059

Sunday, 05/21/2023 7:18:23 PM

Sunday, May 21, 2023 7:18:23 PM

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last two SnP trading days of this last week to 08/25 and 08/26 of 2022 (which are also the last two trading days of their week). One can draw a flat line between the two. That level was also just above a major H/L reversal on Thursday, 02/02/23.

Could the reversal of last Friday be the beginning of a new reversal that has legs (having sucker rallies)? If so, there are a few lower support levels on the way down that could feed sucker rallies -- fun to watch but not be in.
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